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too much, borrows too much, and taxes too much. it reflects says america's priorities to create jobs, strengthen the middle class, and build an economy that creates opportunity for all. went to theell floor yesterday and talked about the president's budget proposal. he said it is not a serious document. [video clip] >> it will probably never past the democratic led senate. in some sense, that is the point. rather than put together a constructive blueprint both parties could use to get the economy moving, the president is opting for the political stunt for a budget that is more about andng up the base in election-year. it would increase taxes by over $1 trillion in the worst economic slowdown anyone can remember. it would explode spending by $790 billion, forcing us to borrow more money. it would do almost nothing to threatsthe serious facing our children's futures and does not come close to balancing this year. mitch mcconnell talking about the 2015 budget proposal. congress will take up budget proposals and will decide what gets spent. "the washington post" tweeted this -- it would
not been asked. i will cooperate in any way that i can if i am asked. stuart: have you achieved the tax status that you requested? stuart: you will not be intimidated in this year's midterm elections. >> we are intimidated by these new rules that have come out by the irs. these new rules will shut us down as a tea party group. stuart: really? they are significant enough to shut you down? >> absolutely. from now on, we cannot have debate or candidate forums within 60 days of a general election or 30 days of a primary. we cannot put anything in an e-mail, website, we can no longer do scorecards. this is the heart of what we do. it will jeopardize our tax status. stuart: becky, thank you for joining us. >> thank you for having me on. stuart: let's get to the markets. where are we? ninety-eight minutes. we did get some employment numbers. right now, virtually no movement. the record closes 1873. a couple of stocks that we are watching for you very carefully. we saw a lot of guns. it seems to me that the market is telling people want to buy weapons that can be concealed. >> yes. stuart: you
: this rallies the base and expands college access and education for young, poor kids and expanding tax cuts for those in poverty and similar measures the democrats ran on and appreciate. it is a policy document used as a tool for 2015-2016 the final years of the obama presidency. we wants to get something done before leaving. he is figure out a policy plan for the final two years. >> host: is it realistic this plan can get through congress? >> guest: no, i don't think anyone expects the entire budget will pass. i don't think that is that has ever happened. but some things might have opportunity for bipartisan compromise. the business tax code reform would generate revenue to build bridges and roads and generate jobs and that is similar to a proposal that dave camp, the chairman of the house released last week. so ideas in the budget could be ground for compromise. >> host: does he indicate where he is going to act alone? >> guest: there is not so much of that. the president has a robust executive action plan he is implementing and he is taking action and has many more this year. the whiteho
calls for increased spending on education. it extend tax kits to lower-income americans including expanding the earned income tax credit. house speaker john boehner is the one who called it irresponsible. remember, there whats not been a budget passed by congress since 2009. >>> president obama heads to connecticut with his push to raise the minimum wage with central connecticut state university he'll be joined by four governors all in favor of increasing the minimum wage. >> if you like your health plan, you may be able to keep it a little longer. "the washington post" says the obama administration is rewriting affordable care act rules again to let americans keep their plans for up to three more years, even if those plans no longer comply with the law. last fall, the white house gave option of letting policy still be sold in the short term even if they were technically illegal. >>> happening today, the house is set to vote for the 50th time on a modification to obamacare. this would be push back the original mandate for one year and making that penalty zero. this is the first su
in swiss bank accounts and held avoid tax. between 2001 and 2008 a band of credit suisse bankers, they boarded planes and headed en masse to the united states on tourist visas. once in america it was time to woo possible clients. trips to miami, golf tournaments and high society cocktail party was part of the course. it was here that "sports illustrated" magazines were used to hand over bank statements on the sly. page 39, bob, that's according to one client. it all sounds very "wolf on wall street." the report claims the bank opened swiss accounts for more than 22,000 u.s. customers with assets totaling some $12 billion. that is why the u.s. is annoyed. it wants the taxes the swiss banks helped americans to dodge. our correspondent imojen foulkes is following the story from geneva. >> reporter: i think some of the detail is causing raised eyebrows in switzerland. they have a reputation for being rather cautious and careful. this comes like something out of a spy novel or a hollywood movie. the fact is the swiss do know that their big banks, credit suisse and ubs, at that period
're hoping for 3% gdp growth this year. and any big spike in oil makes you think that's a tax on consumers and it's harder to get. the ten-year is helping, though. in terms of keeping the housing markets going below 2.7%. the euro stayed remarkably strong for europe. basically being on the front line for this situation here. we will, after hitting some new lows, stabilize. and then finally, fwoeld, i think, traded lower yesterday after having really a great quarter, at least two months. so it's down about $4 today at 1334. and china's leaders reaffirmed the growth target of 7.5% but signaled some concerns about reaching that target. eunice yoon joins us now. we're in a great big city this morning, eunice, tossing to you over there. we're feeling very -- i don't know. we're going to change the world. >> you are. i think that's how people here feel, as well. there were thousands of lawmakers that were gathering together in beijing to heir china's version of the state of the union. this is presented by the premier of the country and it's really the first time that investors got a chance to se
for expansion of tax credits for the middle class and working poor which the white house says is part of his state of the union pledge to boost economic opportunity for all americans. michelle joins us now from the white house. michelle, how do you think this plays out politically considering how gridlocked things are in washington right now? >> reporter: does this have a chance of passing, you're asking? in a word, and you may already know the answer, no. in presenting this budget proposal, president barack obama wants to address the most difficult issues americans face making living and paying for cost of living. working poor, working minimum wage and working full time. they don't have the tax credits workers with children do. obama wants to expand to workers without children, younger workers. this budget contains $60,000 billion worth. obama wants to help obama pay for child care, tax credits for people with young children, pay for education and save for retireme retirement. republicans have problems with it in specifics like closing tax loop hohole loopholes. some say this does nothing t
: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com cheryl: former irs official lois lerner pleading the fifth for the second time after being called before congress to testify. rich edson standing by from capitol hill where the fireworks erupted this morning. rich: this has been nine months in the making, this is a continuation of a hearing back in may in which lois lerner pled the fifth. talk about whether or not she gave up the right earlier in the hearings so she is back on capitol hill, we expected chairman darrell issa, lois lerner file in front of the committee for the first time in nine months. it wasn't. >> ct do cence, that is not the way to supposed to work. there are other e-mails coming out that have been requested and other individuals inside the irs are talking. it may be a special prosecutor is needed. at the end of the day t
businesses they're paying savings and a property tax and payroll tax and normally adhere san franciscans so their bowing goods and services in san francisco it really helps the economy of san francisco grow so its not only a benefit to the project but to the city. the contractors center is 5 thomas melon circle in the bayview area open 8:30 to 5 welcom >> good afternoon, everybody let me please call this meeting of the san francisco public utilities commission at the 1:40 p.m. sfgovtv requires you to speak into the microphone otherwise the public can't hear our discussion. call roll >> commissioner president courtney. commissioner moran. commissioner torres. conditioning and commissioner vietor are on their way a you tell me 3 is the approval of the minutes from february 11, 2014. commissioners >> move to accept. >> any public comment on the minutes of
billion spending increase. huge increase in spending. the other side of the coin is tax sayings. we are going to be -- we are bringing 2.7 trillion in taxation last year. it will be 2.3 trillion next year and the president wants another trillion on top of that. the big picture very clear. tax more, spend more, more government. gregg: off camera you were telling me about the earned income tax credit. >> included in this budget there is an expansion of the earned income tax credit. that's a check that goats out in the mail to people who are working that earn very little money. the president proposed to expand that and bring in an extra 13 million people to get that check every year. those 13 million people have no children. at the moment you can't get the earned income tax credit if they have got no children. the president will expand that, people with no children will be brought in. 13 million more people getting that check in the mail, paid for by you the taxpayer. it's a vast expansion of what we call the social security net under this budget. gregg: there are a great many skeptics
of dollars in offshore tax evasion. your goggles, upbeat about business in the u.s. even as americans get more of a taste for craft through -- craft brews. airbus stock climbs higher as the company works to boost production on its best-selling a320. good morning. welcome. you are watching "the pulse." i am guy johnson. francine lacqua is off today. what do we have for you on the show today? it is all a board brand italy. monocle magazine's latest issue is all about the country. we are live with the editor-in-chief tyler brule. we're going to cover a lot of ground. italy, beautiful but problematic. what do we do with it? let's begin with our top story of the day, and explosive report by u.s. lawmakers on credit suisse. according to a senate committee, the bank helped american customers hide as much as $10 billion in assets from the irs. that is more than double the amount previously known. hans nichols has more on the findings. he joins us from berlin. >> the numbers are shocking. more so than the numbers, the details, the salacious aspects of this report. you had secret meetings in secret
progress on some sort of a national property tax. given the property tax, although it seems residential, will that have knock on effects through commercial? >> i think they've been talking about that. every year at this time, people grabbing headlines. what will pay attention to government policy? it's not surprising they've been talking about property tax. that's been anticipated for many years. i think the market has digested that. everybody expects it to be gradual. so it's important to start having property taxes. if you hold property in china, there's no property costs. if your home is sitting there empty, there's no penalty because you don't really feel hurt. that's why the worry is there are so many buildings and not being occupied and not being neutralized. and so having introduced the property tax will deal directly with that. now, continuing to hold the property if there's a tax you need to pay every month? >> highly rated u.s. companies sold more than $19 billion in debt on tuesday, the busiest day of the year. they looked to take advantage of recent rallies in u.s. treasurie
direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com the next time you nt a dvd, don't bother rewinding it. the way i see it, it's t next guy's problem. oh, larry. she thinks i'm crazy. mm-hmm. but would a crazy person save 15% on car insurance in just minutes? [ chuckles ] [ malennouncer ] 15 minutes for a quote is crazy. with esurance, 7½ minutes could save you on car insurance. welcome to the modern world. esurance. backed by allstate. click or call. >>> they have requested now a one-week delay for her, so the suspense continues on that front. this is a woman whose organization was targeted by the irs testifying before congress at a hearing last week. jenny beth martin says it took three years, two months, ten days and tens of thousands of dollars for her o
an economic renaissance, right? >> absolutely. if we just do a couple simple things -- we haven't had tax reform since 1986. it was before the internet got invented. we don't have a system that's competitive. immigration, that's a challenge. we need stem workers in this country to free up manufacturing. you have a bipartisan budget proposed. proposed. we put aside the shutdowns and debt ceilings and all that debate came off the table. those are small victories. >> joe ecchevaria. >> you said that differently. >> well, that's how other people say. >> coming up, mayor de blasio under fire. we'll talk to charter school founder eva moskowitz straight ahead. we'll be right back. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. millions have raised their hand for th
that is favored by republicans. president obama wants to expand the earned income tax credit for another 13 million americans. that program gives tax breaks to the working poor. the president would pay its $60 billion costs by closing loopholes for wealthier taxpayers, $300 billion for highways bridges and transit. the budget is nearly $4 trillion. that's slightly higher than the current budget. >>> the president is trying to put the middle east peace process back on track this morning, meeting with prime minister benjamin netanyahu monday. they discussed syria, iran and stalled negotiations with the palestinians. pressing netanyahu to meet a compromise. netanyahu says israel is doing its part. >> the best way is to do this is be strong. that's what the people of israel expect of me to stand strong against russia, to stand strong. >>> this morning the fight against cell phone theft is gaining some momentum. new york congressman's bill comes after a similar push in the senate. elaine quijano looks at the controversy that's also getting support from the police commiss
for managing fiduciary capital. they paid roughly 15% taxes on that. >> you are saying most of those profits came from the carried interest? >> having taken some of these top private equity managers. >> that was an income that was a shared close-out, wasn't it? >> it was. you have structured a certain category of money managers and let them get taxed at 15%. the contrast was jamie dimon this week at jpmorgan. he is essentially paying ordinary income. the women and men who manage bloomberg are just managers to pay ordinary income. >> what is the solution for you? raising the dividend tax? >> it comes into this concern of mine about income inequality and wage inequality that is an epidemic in this country. we have so isolated at handful of women and men in this economy, purposefully. we have not only tolerated they're becoming inordinately rich, but we encourage it -- >> to pick on henry kravitz as one of the names, he pays those taxes and a capital gains transaction. he does charities. i don't know which ones. he does this, that, and the other thing. is that enough? >> it is not even close to
expansion of earned income tax credit. 13.5 million workers would be eligible for $60 billion in credit. also included, billions for roads and rails, spending the white house says will bolster the economy. republicans say the president's budget is dead on arrival. they complain it runs up the nation's credit card without addressing long term debt. the 2014 primary season kicking off in texas with drama. attorney general greg abbott easily winning the republican primary a. he's the new gop nominee in more than one decade. he wants more freedom and less government. >> we must never forget that the rights that we have, they don't come from government. instead those rights come from god. >> democrats pinning their hopes on state senator wendy davis. she called her opponent defender of status quo. >> i'm ready to fight for you and to fight for every hardworking texan a across the state. >> another member of the bush family begins his political career with a win. george p bush, former son of jeb bush. one lieutenant governor dewhurst and the oldest serving member of the house is fighting for
on a student loan system that gave tax dollars to the big banks, and we said let's get it to students directly to be able to afford to go to college. that's why we're offering millions of young people the chance to cap their monthly student loan payments at 10% of their income. you need to check that out. go to the website of the department of education and find out how you may be eligible for that. today more young people are earning college degrees than ever before. of course, and i know your president won't disagree with this, but we need to do more to rein in the soaring cost of college and help those who are trapped by student loan debt. the bottom line, no young person should be priced out of a higher education. shouldn't happen. now, there is a fourth part of this agenda. by the way, i just noticed if you've got chairs, feel free to sit down. i know the folks here don't have chairs, but i don't want you--if you're standing up, make sure that you bend your knees so you don't faint. i just want to check on you. now point number four, the fourth component of this opportunity agenda is maki
business groups say japan should cut corporate taxes. that's if the country wants to attract more investments from abroad. the japanese government launched a panel earlier this month to study the possibility of cutting the corporate tax rate. the panel invited officials from the american chamber of commerce and the european business council to its first meeting. by 2020 japan is aiming to boost investments from abroad to more than $340 billion as part of its economic growth plan. that's double the figure in 2012. >> translator: we would like to receive your views on how to make japan attractive for more foreign investors including improving the rules. >> at the meeting participants said that japan's corporate tax rate is too high. it's currently about 35%. they also said they want to see clearer rules on laying off employees and a more flexible system for part-timers. >>> central bankers in brazil have raised the country's benchmark interest rate gn, but they're slowing the pace of monetary tightening. members of the bank's monetary policy committee decided to raise the key lanedi
from the tax for 2014. simple fairness demands that congress provide the same relief to hardworking americans. when congress can act to provide some relief for hardworking americans, we should. every member here has heard from a frustrated constituent. this shouldn't and need not be a partisan fight. granting relief for hardworking americans is only fair. voting yes on h.r. 4118 is the right thing to do for the people we represent. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the gentleman from michigan is recognized. mr. leffy: i yield myself such time as i may consume. -- mr. levin: i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized for such time he may consume. without objection. well, here they go again. but this time it's the 50th time that house republicans have brought up legislation to repeal or to undermine the affordable care act. ut this 50th time is no golden anniversary. it's a house republican goose egg for millions of americans. just look at this, 50 votes. with zero votes to rais
while ago. he said he wants to expand tax credits for lower income americans and says he'll do it by closing loopholes that ben fit wealthier individuals. >> right now our tax system provides benefits to wealthy individuals who save, even after they have amassed multimillion dollar retirement accounts. by closing that loophole, we can help create jobs and grow the economy and expand opportunity without adding a dime to the deficit. >> the president also wants to expand the earned income tax credit for the working poor without children. his budget would also expand the child and dependent care tax credit and create automatic iras to help workers save for retirement but it's unlikely those plans will get through congress. he needs legislation to enact all of that and that does not look likely. >>> global markets are rebounding today as investors digest the situation in ukraine. even the dow jones flew out of the gate this morning. alison kosik is over at the new york stock exchange. how much have we bounced back today? >> quite a bit. what a difference a day makes. even the s&p 5
for next year. it includes tax increases on the wealthy and spending on things like roads and job training. little of it will pass the republican house. the budget would also shrink the armed forces. what might happen if tens of thousands of service members join the workforce. here's mark strassmann. >> reporter: jim reid retired from the u.s. army as a lieutenant colonel in 2011. after 27 years and nine combat deployments. he went looking for a job as a civilian. did you think at the time when i become a civilian, i'm going to have a skill set that i can use? >> oh, absolutely. i'm a nurse anestivity. so an easily transferable skill, something hospitals use every day throughout the country. >> reporter: and you still had a rough time. >> di. i did. >> reporter: reid has worked at three hospitals in three years and been laid off twice. >> it was very difficult to deal with, and it kind of made me question, you know, myself a little bit, first time in a long time that i had to do that. >> reporter: the unemployment rate for post-9/11 veterans is 7.9%, higher than the national civilian avera
an increase in the earned income tax credit yesterday in their budget. they are going to pan that. they have no intention of helping the folks earning minimum wage in our country. you know what, republicans, they should tell the truth. they should tell america that they want people to work for 40 hours a week and still live in poverty. that's what republicans are in essence saying. >> well, your state, voters at least, are big supporters of this. the recent poll shows that 71%, overwhelming numbers, in general for the idea of raising the minimum wage. and when you get more specific to $10.10 an hour, it's still a pretty strong 62%. is that how, though, this is more likely to go, is it going to be state-to-state, or do you think there is real hope for a federal minimum wage hike to $10.10? >> well, there are states that lead on the minimum wage. connecticut is one of those, vermont is one of those, washington is one of those, washington state, washington, d.c., for that matter, is another location. so i think states will lead, but i predict that the political pressure for republicans is going
. committee that has spent your tax dollars and resources investigating the irs and its oversight for politically active nonprofit. committee chair isa is again led the attack as republicans try to find any proof that officials at the agency were directed to conduct audits of conservative groups that spent money in the last two elections. the republican conspiracy theory is that the audits were politically motivated, and they insinuate that they may have been directed by the white house. despite the incurable fever for this story on the right and in conservative media, issa's committee has yet to turn up any actual evidence. so today, once again, the oversight committee called former top irs official lois lerner to testify. and issa asked a series of ten questions to which lerner, as highway is did more than nine months ago, pleaded the fifth each time. they gavelled the hearing to a close less than 12 minutes after it began and without allowing a single democratic member to ask a question. the democrats' ranking member elijah cummings, was not having it. for 90 second after issa
safety issues these to educate drivers. let's just say is your tax dollars at work. >> for example, the driver of this truck was holding his cell phone while he was driving. this is in violation. >> so this officer will have a chat with him. he was one of many looking for distracted drivers 3 >> the sure phone have a desk- >> the driver stated, this is a truck that i never dry. my car has chance for a, i just happen to be picking up something. >> if so, the first time he was not driving handsfree, he got caught. >> it is not always about giving out ticket but about educating the driver. >> this is not want to be any of that. they would know that you have been stopped before for been on your cell phone. >> this person was also quoted as cell phone. when officer approached, she said she was not driving. >> the you know you are operating at card use and is wrong? >> listen what she says when i talk tour. >> how're you today? >> fine. how're you. >> d. no i am. >> you are the behaving badly guy. >> why am i here? >> because i was caught the had been badly. >> he could not resist search
because it takesed a advantage of certain parts of the tax code. kf private equity survive especially if there is significant reform coming out of washington? >> i think in general private equity gets a bad wrap. i have been on both sides. if you go back and look at the numbers and the jobs and the companies that private equity had saved, it is significant, kelly, and i don't think private equity gets the benefit of saving company, saving jobs, anç returning them to prosperity so that they can either ipo or they become an important part of a strategic acquisition. >> because all the same people will say that's great that you're helping to make, you know, these companies more efficient, perhaps help them innovate in some cases. why is it that the gains that you make in a compensation model that is the envy of most industries, why is it that you should be able to get a lower tack rate on those gain that is you don't have to pay the income tax rates that most of the people would? >> my point of view on that is most of the senior private equity guys i talk to, you know, if the laws were
but then germany and austria was much more through the taxation offices having to pay certain taxes. and later as we move into the occupied countries, poland and holland and working with the banks that were taking over the jewish assets, and i think the most well known organization is easily referred to as the er or and that is an arm that was originally to be confiscating the propaganda that would be something the nazis were trying to subdue and it turned into an arm for confiscating the assets in france and belgium. so i think it's important you do is the term nazi try to keep inp in mind it is a bureaucratic effort from the top down. from where it was going to go as we all know hitler had to go and then the other leaders were collecting because they thought it showe showed them to be civid people and they were collecting them for themselves. but like any regime, i think that like many other nighties really -- not seized. could you stick to their advantage. >> did they support the war effort? >> they definitely saw the currency of the art, so the art that was to the regime and that you are f
and no should not exist one should pay taxes. it has grown up since then. department of financial services recently had a hearing. the display of witnesses were nothing like the people originally involved in bitcoin in the beginning. these were all investors and not the doors with people with millions of dollars who have been around the block in terms of the traditional financial system. it has grown up. it does have some of those people still involved who are extreme in different ways and outside the mainstream. -- they are a smaller portion of bitcoin. >> what is the most important thing bitcoin can have happened does it need to be ultimately regulated? >> it depends on what you mean by succeed. most people would say success is acceptance into the mainstream. for that to happen, you need regulation. we had mount blowup recently. what that shows is you need to have standards to make sure that exchange -- the bitcoins are doing in a way that is secure. almost every single exchange or haset that has existed blown up, has been hacked, or entrepreneurs have as -- of scone did. there are new o
for the host. point 5 million euros pay to spanish authorities after being charged with tax fraud last sunday -- last summer but they insist eta not make in the -- make any offense. alleges as other contracts are taken into account the amount be more than doubled. the president resigned afterñwgc
in back taxes. the rapper says it will take six months to repay the debt, because of the way he plans to do it. [ laughter ] >> this morning's "eye-opener" is presented by toyota. let's go places. >>> >>> welcome to "cbs this morning." good morning, norah. >> good morning, charlie. >>> as you wake up in the west, there are signs that the crisis in ukraine may be ended by diplomats and not armies. it may not be easy. top officials from ukraine, russia, the united states, britain, and france are in paris paris. the west is ready to offer ukraine billions of dollars in economic aid, but secretary of state john kerry says this morning that the russians and ukrainians have not yet agreed to meet face to face. >> kerry said yesterday in ukraine's capital that russia broke international law, but there's no need over the violation. >> president obama and i want to make it clear to russia and to everybody in the world that we are not seeking confrontation. it is not appropriate to invade a country and at the end of a barrel of the gun dictate what you are trying to achi
of the version designed for the marine corps. those are just some of the problems in a program now costing tax payers $92 billion over its lifetime, 70% more than originally projected. and not a single jet is ready to go into combat. one day the pentagon says it will buy more than 2400 f-35s to serve the entire military, but in next year's budget it is only going to purchase 34 of them for testing and basic missions. why so few? constructionally mandated budget cuts. every program has to be trimmed to save money. >> the reality of reduced resources and a challenging and changing strategic environment requires us to prioritize and make difficult choices. some of those choices we must make now. >> reporter: despite the many problems and the cost overruns the military has no plans to scrap the f-35. it argues current fighter jets are obsolete, and china and russia are developing fighters that can outfly the jet. rosiland jordan, al jazeera, washington. >>> coming up on al jazeera america, it has been almost a year now since pope francis has become pontiff. >>> welcome back to al jazeera america.
the stealth painting melts off. those are just some of the problems in a program now costing tax pairs $392 billion over its life 250i78. that's 70% more than originally projected. and while pilots are conducting test flights, not a single yet is ready to go into combat. one day the pentagon says it will buy more than 2400 why so few? budget cuts. every program has to be trimmed to save money. >> the reality of reduced resources and a challenging and changing strategic environment requires us to prioritize and make difficult choices. some of those choices we must make now. >> reporter: despite the many problems and the cost overruns, the military has no plans to scrap the f-35. it argues current fighter jets are on sol bleat, and china and russia are developing fighters that will out fly and outgun the american fleet. rosiland jordan, al jazeera, washington. >>> and we are following breaking news coming out of ukraine right now. we're going to go to nick schifrin who is there. there is a developing situation outside of a cafe that involves a un enjoy. nick what are you seeing and hearing? >
and tens of thousands of dollars for her organization to finally get the tax-exempt status they requested. and she only got it, get this, the night before she was scheduled to testify before congress. that seem follow unny to you? welcome, good to have you here today. >> thank you, megyn. >> it is martha tonight, nice to have you with us. take me through what happened. did you get a letter? you were getting ready to testify. and suddenly you get a phone call, how does it work? >> well, we knew on monday of last week that i would be testifying. i was formally invited to testify. and wednesday afternoon before the testimony on thursday our attorneys got a phone call from the irs saying that we would be granted our 501(c)(3) status, we did have a phone call to our attorney, the day before i was set to testify. and it was also the anniversary. >> in terms of the different qualifications and the different ru rules that have been put in place since all of this blew up, kim strassel at "the wall street journal" said she believes it is to formalize the restrictions they had in place. >> all the p
including fraud and tax evasion. we are "up all nightline" with abc's amy robach, who spoke with theresa giudice about how it all came crashing down. >> reporter: arcing at federal court in newark, new jersey, teresa and joe giudice pleaded guilty to conspiracy to commit mail fraud, wire fraud. >> both admitted to a federal judge that over the better part of a decade they were engaged in a scheme to defraud. >> reporter: the reality tv stars lavish lifestyle was funded partially on ill-gotten gains. teresa's attorney read a statement from her. >> today i took responsibility for a series of mistakes i made several years ago. i am heartbroken that this is affecting my family. >> reporter: it was just another page in a tangled history of reality tv. in a series known for its over the top theatrics. >> stop hurting! >> get off, be a man, stick with your blood. >> i'm not sticking with scum like you. >> reporter: she is perhaps the most recognized and controversial of them all. a woman famous for her excess. >> my house is pretty much all marble, granite, onyx. >> reporter: as she is for her
says there's an emergency basis for an order that tax records of parents can then go on the applications for college. he said, no emergency. >> and the fact that the legal drama is now going to continue to drag out. hard to see how they're going to reach any kind of reconciliation any time soon. >> it's very sad. >> i feel that they're going through this and the shame of having this all be so public. >> they were very emotional. she held it all i know side. >>> world leaders are trying to find a resolution to the ukrainian crisis this morning. did president obama's reset on russian foreign policy contribute to the crisis? >>> georgia takes a big step to legalize medical marijuana. dr. sanjay gupta joins us on his documentary. weed two. cannabis madness. l policy that allows you to eat all that you can. the hotel gym is short for gymnasium. the hotel pool is usually filled with water. and the best dot com for booking hotels, is hotels.com. it's on the internet, but you probably knew that. or maybe not, i don't really know you. bellman: welcome back, captain obvious. ca
romney of not paying taxes? it would be a different story, wouldn't it? >> you're right to bring up that romney thing. he made pretty much a scandalous accusation against him not paying taxes, again from the congress floor. a list was posted of the important donors. labor unions are by far and away the biggest, most influential of those donors and many of them give 90-plus percent of their contributions to democrats. if you're going to talk about money in politics, you can not just talk about the koch brothers. you've got to talk about the big unions. >> it's almost like vince mcmahon producing these elections on the democratic side. they have to make a good guy and villain. mitt romney was the bad guy. it's not so much the policies, it's how bad he is. now let's create another villain, these horrible people financing a bunch of illogical candidates against the good guys. black hats and white hats. i wonder how long america will buy it. >> the whole idea right now is to tar a republican candidate with the villainy of the koch brothers because americans for prosperity, a group that t
-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com he was a matted messiley in a small cage. ng day. so that was our first task, was getting him to wellness. without angie's list, i don't know if we could have found all the services we needed for our riley. from contractors and doctors to dog sitters and landscapers, you can find it all on angie's list. we found riley at the shelter, and found everything he needed at angie's list. join today at angieslist.com ...and let in the dog that woke the man who drove to the control room [ woman ] driverless mode engaged. find parking space. [ woman ] parking space found. [ male announcer ] ...that secured the data that directed the turbines that powered the farm that made the milk that went to the store that reminded the man to buy the milk that was poured by the girl who loved the cat
to a 2% hike in the hotel tax to fund infrastructure projects. our media partner "the mercury news" backed a measure raising the tax from 12% to 14%. the increase is expected to generate an dirk $2.4 million a year. the funds used to replace fire stations, rehabilitate parks and build parking garages. >>> if you're a commute taking your way to work through the b.a.r.t. station, find another way there. >> nobody's getting on a train, no b.a.r.t. service between hayward and fremont at this hour this morning. they're hoping to resume by 6:30. 6:35-ish. what you need to do, get yourself to the hayward station if you're going into san francisco. trmp at bayfair or straight to the bayfair station to get into san francisco. expect delays on b.a.r.t. this morning and, of course, the parking lots are going to be filled, because everybody's maneuvering around to find parking to get to the various stations. no other mass transit delays. a.c. transit, a great way to get around this b.a.r.t. closure. go outside now. a look at the san mateo bridge and traffic may be getting heavy here as well du
their production in the domestic market ahead of the consumption tax hike in april. car output rose for a fifth straight month in january. eight major carmakers announced they made more than 810,000 units in total last month. that's up 14% from a year earlier. they've been posting double digit increases in production since november. strong demand for new models was another supporting factor. honda's output surged 65%. nissan's grew 13%. and toyota's was up 5%. meanwhile, auto firms said they're making efforts to compensate for lost production following a record snowfall in february that halted factory operations. that's all for business news for this hour. i'll leave you with a check on regional markets. >>> ukrainians are watching their country fall into a deeper political crisis. divisions are widening as interim leaders are trying to form a pro-western transitional government and pro-russia supporters are intensifying their calls for separation. protests have escalated in eastern and southern parts of the country after interim leaders banned the use of russian as an official language. demons
a decision if we're going to protect tax breaks for the wealthiest americans or make smart investments necessary to create jobs and grow our economy and expand opportunity for every american. >> john boehner calls the president's budget his most irresponsible budget yet. while paul ryan gets on the record saying, quote, this budget isn't a serious document. it's a campaign brochure. >>> over marriage equality, governor steve basheer plans to hire outside counsel. hours earlier, it was an emotional attorney general, jack conway, refusing. he said the appeal this ruling would just be defending discrimination. >> in the end, this issue is really larger than any single person. it's about placing people over politics. for those who disagree, i can only say that i'm doing what i think is right. in the final analysis i had to make a decision i could be proud of. for me now and for my daughter's judgment in the future. >> governor beshear said in a statement that legal definition of marriage, quote, will be and should be ultimately decided by the u.s. supreme court in order to bring finality a
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the wall for school this age has not been done he can send all of the wood to raise taxes not to be a killer for us to generate ongoing two in first the argument for rent by the end of december two thousand found in abundance or until filling up. people it's a bull in a way with the economic growth that we can produce movies that economic growth among which a stool point three when the new one point five to bring down when rates to people beyond belief all totaled at the time before so we don't believe the government's now lot of businesses is actually pretty popular here in tulsa steam tear in a set that money made by this somebody that he would make a good prime minister following the eu makes the chc"teau of people think of for us to make us high cuisine makes these can often compared to some pissy because he's well he's the minister of seeing an interior minister. he's also pretty tough on home anything that senate immigration for example. as silly he's also pulp mill within the deeds of the people didn't vote for a spot on that so that will be a smart move but i eat w
even been awake on taxes the stereo cabinet process it says to me to have leadership that does make you stay away from interrupting a name that can be treatments leopold who has been grabbing headlines here on the fourth year old former mayor of the crew of the caracas district of chicago. minutes before his arrest last week addressed the crowd the streets of the capital an elaborate on that and to whom must go the air. i have read. if i had. yet the target. all those who knew. when you read it you dear say that many people don't care about being fooled and sore and we can confuse who ran for president you feel about them. does this figure heads of the opposition. actually i understand them because people are not surprised since two. sonic and the nuclear deal in line with its overt in our history and it's actually punished us for some young people must like canned for anything that we can hide in the country for the twenty five thousand designs that were amended last year the way under thirty years old. that people may have to wait in queue in lines for hours the house lights started t
governments across ukraine. on the other hand to improve the efficiency of government. from taxes, to preserve public order. the balance is difficult to achieve with the government which is now quite weak. >> given russia's position in terms of the the amount of troops on the ground, how difficult is it going to be do you think for ukraine to see the russian troops lead? >> that's the challenge. ukraine in the midterm or perhaps in the long term will try to work with the international community to militaryize the area. obviously russia would not want to do that. but i guess that's negotiable. >> doesn't president putin have a report that the deal originally negotiated between yanukovych and the three foreign ministers was thrown out of the window 24 hours later? >> things change, right? >> they sure did. he left. >> he left. he didn't do what he was supposed to do. so the deal was void. so i guess the thing changed too quickly. again, russia didn't sign the deal. so i guess it's the european minister should have been sort of worrying about it, not russian side. >> very briefly, does ukraine fe
. >> making smart spending cuts and closing tax loopholes that right now only benefit the well off and well connected. >> it is primary day in texas. >> in the last gubernatorial election, the latino turnout was make or break issue. >> the voices in south texas will be the voices if they engage. >> are you
been trying to shut down the excise tax department in bangkok. they forced some of the employees to leave, but the office continued to function. the government says a state of emergency in bangkok could be extended until protests end completely. >>> malaysia's highest court has delayed ruling on whether to hear the catholic church's bid to call god ala. last october a lower court ruled in favor of the government saying that non-muslims are not allowed to use the word ala. >>> china has lifted spending to $132 billion. that promise as well as others to tackle corruption and keep the economy growing have been announced as parliament opened its session. >> reporter: opening this parliamentary session, china's leaders seem determined to develop a kind of military machine that would fit the world's second biggest economy. it was announced military spending would increase by 12% despite the current national drive to save money. >> translator: last year we made solid progress in strength owning national defense. this has increased our military capacity. >> reporter: the extra budget wil
to put a measure on the june ballot that would boost sales tax. if approved, the sales tax would go up by .5% to 9.5%. the measure is expected to bring in an additional $10 million a year to help clear the backlog of projects put on hold during the recession. it includes hiring more police, street repairs and upgrades to fire stations and libraries. city officials say 65% of people in hayward support the increase. >>> 7:42. the golden state warriors may now be shooting for alternative sites for a new basketball arena in san francisco. publicly, the warriors say they are moving ahead with their plans to build a new waterfront april rena south of the bay bridge. however, today's chronicle reports a team is quietly checking out other locations in the city including the main parking lot right across from at&t park. the original proposal calls for building an 18,000-seat arena between piers 30 and 32. opponents say a basketball arena there would ruin the view of the bay. >>> 7:42. a woman in her 80s tied up in her own tome. the recent string of robberies that has an east bay neighborhood on
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